• 11th August 2026
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Why It Pays to Act Early

If you own a leasehold property in Kingston, the number of years remaining on your lease can have a significant impact on its value, mortgage-ability and how easy it is to sell.

As a lease becomes shorter, potential buyers and mortgage lenders may become more cautious. If your lease has less than 70 years remaining, obtaining a mortgage can become more difficult, as some lenders may be unwilling to lend against the property. This can reduce the number of potential buyers and make your property harder to sell.

In a competitive property market such as Kingston, having a shorter lease could therefore put your property at a disadvantage compared with similar homes with longer leases.

Why the 80-Year Point Is Important

Traditionally, leaseholders were advised to take particular care as their lease approached 80 years, because extending a lease below this point could become considerably more expensive.

However, leasehold law has been changing, so it is important to obtain up-to-date professional advice rather than assuming the old rules will necessarily apply to your circumstances.

What remains important is that waiting until your lease becomes very short can restrict your options and potentially affect the value and saleability of your property.

Don’t Leave Your Lease Extension Until the Last Minute

If your lease has around 80–85 years remaining, it is a good time to review your position and find out what extending your lease could involve.

Acting sooner rather than later can help you:

• Protect the value and marketability of your property
• Make your home more attractive to potential buyers
• Reduce the risk of mortgage difficulties
• Understand the likely costs before your lease becomes significantly shorter
• Plan your lease extension without the pressure of an impending sale

Lease Extension Advice in Kingston

Not sure how many years are left on your lease, what an extension might cost or where to begin?

At Lewis & Dick Solicitors, we can explain the lease extension process, review your circumstances and provide clear advice about the options available to you.

For a quote and professional advice, please call Jonathan Owens on 020 8393 0055 or visit our Lease Extension page.

Thinking about extending your lease? The earlier you understand your options, the better placed you will be to protect your property and plan ahead